🚨 $BNB
Range Grind, Bulls & Bears Exhausted 🚨
Hey guys, yesterday we saw a dump from 690 down to 650, and today we're just grinding in the 650-660 range.
Both bulls and bears seem to be lacking momentum.
📊 96% of liquidations across the board were long positions
Retail traders are still trying to catch the bottom, but the big money is just sitting on the sidelines.
🔻 Key Levels:
Support: 648 — break below = 630 next
Resistance: 665 — break above = 675 next
📉 My Personal Trading Strategy:
Short if we bounce back to 662 – 665
🛑 Stop Loss: 670
🎯 Target: 650 initially → if breaks, look at 645
⚠️ But don't forget:
VanEck and Grayscale just submitted their revised BNB spot ETF filings
That's a mid-term bullish signal — so be cautious of a sudden pump
Make sure to have strict stop-losses when going short — don't fight the trend
Not Financial Advice — just my personal opinion for reference.
👇 If you have different thoughts, feel free to comment and discuss